Kinder Morgan, Inc. (NYSE:KMI) Stock Holdings Lessened by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. lowered its position in shares of Kinder Morgan, Inc. (NYSE:KMI - Free Report) by 1.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 30,293,411 shares of the pipeline company's stock after selling 449,863 shares during the quarter. Charles Schwab Investment Management Inc. owned about 1.36% of Kinder Morgan worth $830,039,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of KMI. Retirement Wealth Solutions LLC acquired a new stake in shares of Kinder Morgan in the fourth quarter worth $25,000. Centricity Wealth Management LLC purchased a new stake in Kinder Morgan during the 4th quarter worth $25,000. Modus Advisors LLC acquired a new stake in Kinder Morgan in the 4th quarter valued at $27,000. Heck Capital Advisors LLC purchased a new position in Kinder Morgan in the fourth quarter valued at about $29,000. Finally, Planning Capital Management Corp lifted its stake in shares of Kinder Morgan by 143.6% during the third quarter. Planning Capital Management Corp now owns 1,352 shares of the pipeline company's stock worth $30,000 after purchasing an additional 797 shares in the last quarter. Institutional investors and hedge funds own 62.52% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on KMI shares. Citigroup raised their target price on Kinder Morgan from $25.00 to $28.00 and gave the company a "neutral" rating in a report on Wednesday, January 29th. UBS Group upped their target price on shares of Kinder Morgan from $34.00 to $38.00 and gave the company a "buy" rating in a research note on Monday, January 27th. Royal Bank of Canada lifted their price target on shares of Kinder Morgan from $26.00 to $27.00 and gave the stock a "sector perform" rating in a research note on Monday. Scotiabank started coverage on Kinder Morgan in a research note on Friday, January 10th. They set a "sector perform" rating and a $26.00 target price for the company. Finally, JPMorgan Chase & Co. boosted their price target on Kinder Morgan from $28.00 to $29.00 and gave the stock a "neutral" rating in a research note on Wednesday. Seven analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $29.64.

Kinder Morgan Stock Performance

Shares of NYSE:KMI traded down $0.17 on Friday, reaching $26.14. 12,812,560 shares of the company's stock were exchanged, compared to its average volume of 15,583,383. Kinder Morgan, Inc. has a fifty-two week low of $17.45 and a fifty-two week high of $31.48. The business's 50-day moving average is $27.73 and its two-hundred day moving average is $25.65. The company has a quick ratio of 0.39, a current ratio of 0.49 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $58.09 billion, a price-to-earnings ratio of 22.35, a PEG ratio of 3.08 and a beta of 0.94.

Kinder Morgan (NYSE:KMI - Get Free Report) last issued its earnings results on Wednesday, January 22nd. The pipeline company reported $0.32 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.33 by ($0.01). Kinder Morgan had a return on equity of 8.09% and a net margin of 17.31%. As a group, equities research analysts forecast that Kinder Morgan, Inc. will post 1.25 EPS for the current year.

Kinder Morgan Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, February 18th. Investors of record on Monday, February 3rd were issued a $0.2875 dividend. The ex-dividend date was Monday, February 3rd. This represents a $1.15 dividend on an annualized basis and a dividend yield of 4.40%. Kinder Morgan's dividend payout ratio (DPR) is presently 98.29%.

Insider Activity

In other news, President Thomas A. Martin sold 18,000 shares of the firm's stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $27.70, for a total transaction of $498,600.00. Following the transaction, the president now directly owns 843,652 shares of the company's stock, valued at approximately $23,369,160.40. This trade represents a 2.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP John W. Schlosser sold 75,461 shares of the company's stock in a transaction dated Tuesday, February 18th. The stock was sold at an average price of $26.65, for a total transaction of $2,011,035.65. Following the completion of the sale, the vice president now directly owns 220,681 shares of the company's stock, valued at $5,881,148.65. The trade was a 25.48 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 129,461 shares of company stock valued at $3,490,996. Insiders own 12.64% of the company's stock.

About Kinder Morgan

Kinder Morgan, Inc operates as an energy infrastructure company primarily in North America. The company operates through Natural Gas Pipelines, Products Pipelines, Terminals, and CO2 segments. The Natural Gas Pipelines segment owns and operates interstate and intrastate natural gas pipeline, and storage systems; natural gas gathering systems and natural gas processing and treating facilities; natural gas liquids fractionation facilities and transportation systems; and liquefied natural gas gasification, liquefaction, and storage facilities.